Name
David Okoth
Member since
November 2016
On-time repayments
55 installments • 7%
An ICT graduate who is passionate about Technology and Graphic Design. Will wake up every morning to watch YouTube Tutorials on how to create classy designs and how to repair equipment.
I used to be employed as a Computer Tutor, my boss wasn't fair and he made me hate my job. He delayed payments always. At times he didn't pay at all. This resulted to me leaving the job and start graphic design.
With this curiosity one day i opened up laptop to repair it. What a day! returning it back became a mess. But later i managed after several attempts.
I repair computers, install software and Graphic design as the main job which involves
printing, branding and supply of office stationery.
I ventured into graphic design because i enjoy doing it and sometimes I come across complex designs that widen my mind.The main costs involved here is the purchase of printing materials, electricity, Tonner refil, internet and government taxes.
During good seasons when the profit margin is better, I usually invest with a view of acquiring other machines so that i may start printing on large scale.
I plan to buy printing papers of about $20.00 for printing some work to a client who placed his order with me recently. About $15.00, I'll use to pay a printer since I usually outsource printing services when i have to deliver work in time as in this case.
When the job will be delivered, i will use the profit to expand the business by buying more papers. Am also likely to get more clients from this job especially when the current client refers me to others.
Since this isnt a huge work, the profit margin wont increase as such but atlist it will add something little to the business.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$31.57
Date disbursed
Nov 1, 2017
Repayment status
Late
Projected term
6 weeks
Cost to entrepreneur
Service fee: $1.22
Other loans
Gold River, Canada
United States
Guatemala
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
United Kingdom
Ask David a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.